Question:

What kind of impact does paying off a vehicle on credit score? Does it increase or not? ?

by  |  earlier

0 LIKES UnLike

I understand that it helps debt/income ratio...

 Tags:

   Report
Answer The Question I've Same Question Too

4 ANSWERS

Sort By: Date  |  Rating

  1. It helps, if you are making the payments as agreed.


  2. show stability and you have a regular payment over time and keep it. it's a good thing

  3. In paying it off will increase your credit score, it shows the outstanding dept has been paid in full.

  4. it will also help improve your score!!!
You're reading: What kind of impact does paying off a vehicle on credit score? Does it increase or not? ?

Question Stats

Latest activity: earlier.
This question has 4 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now